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Problem 3. A sixteen-year bond with semiannual coupons was purchased at a pre- mium. The amount for amortization of the premium in the fourth coupon

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Problem 3. A sixteen-year bond with semiannual coupons was purchased at a pre- mium. The amount for amortization of the premium in the fourth coupon is $969.79 and the amount for amortization of premium in the sixth coupon is $1,058.19. Find the amount of the premium

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